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Kyrgyzstan Raises $1m from Crypto Mining Taxes in 2023
29.12.2023
Source: chekart/Adobe Kyrgyzstan is quietly becoming a force in crypto mining, with its government set to raise over $1 million this year from taxing the industry. According to the media outlet 24KG, the nation’s finance ministry reported that it had raised $900,000 worth of tax revenue from crypto...
Bitcoin ETF Countdown: SEC’s Decisive December Deadline – Here’s the Latest
28.12.2023
Source: Adobe / Jhonsmetal The crypto community is on edge as the US Securities and Exchange Commission (SEC) approaches a crucial deadline for potential approval of a spot Bitcoin Exchange-Traded Fund (ETF). The decision, scheduled for January 10, 2024, could mark a substantial entry for Bitcoin...
Binance User Base Grew 30% This Year, Expanding Even After U.S. Legal Settlements
28.12.2023
The largest cryptocurrency trading venue added 40 million accounts to 170 million
India’s Finance Ministry Seeks to Block Binance and Other Major Offshore Exchanges
28.12.2023
Source: Pexels The Indian finance ministry has issued compliance show-cause notices to nine offshore cryptocurrency exchanges, including major players like Binance, Kucoin, Huobi, and others, accusing them of operating illegally in India without adhering to local money laundering laws. The affected...
Crypto for Advisors: Bitcoin Myth Busting
28.12.2023
Kunal Bhasin, co-leader of KPMG Canada’s crypto asset and blockchain practice, debunks many of the bitcoin myths in the final Crypto for Advisors issue of the year
India Issues Compliance 'Show Cause' Notices to 9 Offshore Exchanges Including Binance and KuCoin
28.12.2023
Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex are the nine exchanges
Assessing Market Trends: Why Solana (SOL) and Retik Finance (RETIK) are the tokens for Long Term Profits
28.12.2023
In this article, we embark on a journey across the cryptocurrency seas, steering toward the shores of long-term profits. Our compass guides us to two promising tokens: Solana (SOL) and Retik Finance (RETIK), showing noteworthy potential amid the ever-changing market trends. Solana creates ripples...
Blast Hits $1.1B in Deposits More Than a Month Before It's Due to Go Live
28.12.2023
Depositors will receive an airdrop that can be redeemed in May 2024
Cathie Wood's ARK Invests in ProShares Bitcoin ETF After Dumping Grayscale Holdings
28.12.2023
The investment fund bought $9.2 million worth of BITO shares while selling $27.6 million worth of COIN
Kyberswap Exploit Fallout: Platform’s Workforce Cut by 50%
28.12.2023
The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The CEO added his organization is in the process of creating a voluntary database that is expected to help these workers secure new jobs in the Web3 space....
Yeti Finance will be winding down after TVL and revenue decline
28.12.2023
Yeti Finance recently announced that it will be shutting down operations. The official announcement came on Yeti Finance’s X/Twitter channel. The primary reason behind the decision is a severe drop in TVL and revenue. In addition, Yeti Finance stated that the crypto circle had been shaky for...
Solana's Scorching Rally Shows Ethereum Has a Serious Competitor
28.12.2023
Crypto Whales are Accumulating This AI Crypto Token Before 2024 – Here’s Why
27.12.2023
Crypto whales are rapidly building positions in AI token LPX from the Launchpad XYZ presale. Image by Kerem Goktug Kaya, DALL-E 3. Artificial intelligence is infiltrating all facets of modern life, from self-driving cars to personalized medicine. Now, AI is making its entrance into finance...
Worldcoin (WLD) Launches World ID 2.0 with Iris Scanner Orb Authentication in Singapore
27.12.2023
Source: Pixabay The global project focused on digital identity and finance, Worldcoin (WLD), has recently introduced World ID 2.0 in Singapore, in the latest sign of growing global interest in proof of personhood and the Worldcoin project, allowing users to verify their humanness at an Orb....
Securities Regulators’ Association Calls for the Identification of Individuals Who Exercise Control Over Defi Platforms
27.12.2023
The International Organization of Securities Commissions (IOSCO) has urged regulators seeking to understand decentralized finance (defi) arrangements to identify individuals who “exercise control or sufficient influence at the enterprise level.” The identification of such individuals...
LBank Labs’ Strategic Expansion into Morocco’s Casablanca Finance City: A Visionary Move with Enhanced Employee Benefits and Global Partnerships
27.12.2023
PRESS RELEASE. In the challenging global financial climate of 2023, LBank Labs, a $100 million fund and Fund of Funds, has made a strategic move by establishing its presence in Morocco. This decision, led by El Bachir Essamari and robustly supported by the leadership team, represents a significant...
Taking DeFi to the Next Level, Here’s How Retik Finance will Tap into the Multi-Billion Dollar Market with Defi Debit Cards
27.12.2023
In the rapidly evolving landscape of finance, cryptocurrencies have already begun to significantly reshape the global financial ecosystem. The emergence of blockchain technology and decentralized finance (DeFi) has introduced novel paradigms in the way individuals and businesses interact with...
Rich Dad Poor Dad Author Robert Kiyosaki Shares How He Made Most of His Money
27.12.2023
The famous author of Rich Dad Poor Dad, Robert Kiyosaki, has shared how he made most of his money. He stressed that the future of stock and bond markets will depend on startups in resources, not Silicon Valley technology startups, predicting that resources will be “the coming boom in...
As KEX Shoots Up 167% to a New ATH, This Other Coin Just Hit $6 Million
26.12.2023
KIRA, an emerging force in the decentralized finance (DeFi) sector, has seen its native coin, KEX, soar to unprecedented heights, achieving a remarkable 45.67% surge in just 24 hours. From an initial value of $0.02634, KEX has risen to an impressive $0.1370, setting a new all-time high (ATH)...
Defi Rebounds: Total Value Locked and Token Prices Surge as 2023 Marks a Year of Recovery and Growth
26.12.2023
On April 3, 2022, decentralized finance (defi) protocols held approximately $163 billion total value locked (TVL). By the start of January 2023, this amount declined to $38.30 billion. Concurrently, in April 2022, the leading defi tokens by market capitalization were collectively worth $135...